Finding 1167952 (2025-004)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2025
Accepted
2026-01-06

AI Summary

  • Core Issue: The District lacks effective internal controls for monitoring grant activities, leading to necessary adjustments of $54,165 for accurate reporting.
  • Impacted Requirements: Failure to monitor grants increases the risk of noncompliance with federal regulations, potentially resulting in questioned costs or funding loss.
  • Recommended Follow-Up: Implement a robust process for grant revenue and expenditure recognition, including regular reconciliations and oversight to ensure compliance with budgets.

Finding Text

2025-004: Full-Service Community Schools – Assistance Listing No. 84.215J, Grant No. – S215J220016; Grant period – year ended June 30, 2025. Material Weakness: The material weakness at Finding 2025-003 also applies to this grant. Criteria: Internal controls should be in place that ensure accurate recording of transactions and grant monitoring against approved budgets. Condition: During the current year, adjusting journal entries were necessary to properly reflect the grant activity in the correct period. Entries totaling $54,165 were necessary to reflect transactions in the proper period for the Full-Service Community Schools grant. Cause: The District did not have a process in place that monitored grants and ensure recognition in the proper fund and period. Effect: Failure to properly monitor and review federal grant reporting increases the risk of noncompliance with federal requirements, which could result in questioned costs, delayed reimbursement, or loss of funding. Questioned Costs: None Perspective Information: The District did not apply payment to the accounts payable and receivable in the prior year, but recorded the expenditures and revenue in the current year, however amounts requested for reimbursement did not exceed the expenditures allowed at June 30, 2025. Recommendation: As discussed in Finding 2025-003, we recommend the District implement a process that ensures an understanding of the grant revenue and expenditure recognition process. Regular reconciliations should be performed and monitored against the grant finance reports. Expenditures should be monitored against the approved budgets and overspent grants. Views of Responsible Officials and Planned Corrective Actions: The District plans to ensure in-depth training on all grants the District receives and require regular reconciliations be performed and institute more oversight over the process.

Corrective Action Plan

Audit Recommendation a) 2025-004: Full Service Community Schools-Assistance Listing No. 84.215J Grant NO. - S215J220016 Grant Period-Year ended June 30, 2025 the auditors recommend the District to implement a process that ensures an understanding of the grant revenue and expenditure recognition process. Regular reconciliations should be performed and monitored against the grant finance reports. Expenditures should be monitored against the approved budgets and overspent grants. Corrective Action Plan a) 2025-004: The District plans to ensure in-depth training on all grants the District receives and require regular reconciliations to the general ledger by using our financial program as well a spreadsheet at the end of every month and institute more oversight over the grant process. Implementation Date - June 30, 2026 Person Responsible for Implementation - Colleen Bellinger, School Business Manager

Categories

Internal Control / Segregation of Duties Subrecipient Monitoring Cash Management Material Weakness Reporting

Programs in Audit

ALN Program Name Expenditures
84.215 INNOVATIVE APPROACHES TO LITERACY; PROMISE NEIGHBORHOODS; FULL-SERVICE COMMUNITY SCHOOLS; AND CONGRESSIONALLY DIRECTED SPENDING FOR ELEMENTARY AND SECONDARY EDUCATION COMMUNITY PROJECTS $588,952
10.555 NATIONAL SCHOOL LUNCH PROGRAM $195,558
84.010 TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES $192,667
84.027 SPECIAL EDUCATION GRANTS TO STATES $143,722
84.425 EDUCATION STABILIZATION FUND $128,844
10.553 SCHOOL BREAKFAST PROGRAM $66,200
84.424 STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM $16,976
84.367 SUPPORTING EFFECTIVE INSTRUCTION STATE GRANTS (FORMERLY IMPROVING TEACHER QUALITY STATE GRANTS) $16,004